Volume 41 Issue 4
Jul.  2026
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LI Yi, XU Yingzhi. How Can the Construction of a Unified National Market Advance the Synergy of Carbon Reduction, Pollution Control, Green Expansion, and Economic Growth?[J]. Journal of Guangdong University of Finance & Economics, 2026, 41(4): 62-76.
Citation: LI Yi, XU Yingzhi. How Can the Construction of a Unified National Market Advance the Synergy of Carbon Reduction, Pollution Control, Green Expansion, and Economic Growth?[J]. Journal of Guangdong University of Finance & Economics, 2026, 41(4): 62-76.

How Can the Construction of a Unified National Market Advance the Synergy of Carbon Reduction, Pollution Control, Green Expansion, and Economic Growth?

  • Received Date: 2026-02-07
    Available Online: 2026-09-08
  • Publish Date: 2026-07-28
  • The construction of a unified national market aims to address resource misallocation and efficiency losses caused by market segmentation. It is a key measure for cultivating green new quality productive forces and unleashing new drivers of economic growth, thereby providing a practical institutional platform for the synergy of carbon reduction, pollution control, green expansion, and economic growth. This study systematically explains the effects and mechanisms of the construction of a unified national market on the synergy of carbon reduction, pollution control, green expansion, and economic growth, and conducts an empirical analysis using panel data from Chinese cities from 2011 to 2023. The results show that the construction of a unified national market significantly promotes the synergy of carbon reduction, pollution control, green expansion, and economic growth, and that it also has positive effects on the four subsystems of carbon reduction, pollution control, green expansion, and economic growth. Heterogeneity analysis shows that the positive effect of the construction of a unified national market is more pronounced in cities with lower administrative segmentation, stronger environmental regulatory constraints, lower fiscal pressure, and higher levels of green finance development. Mechanism tests indicate that the correction of energy factor misallocation, the mitigation of urban sprawl, and technological agglomeration are effective mechanisms through which the construction of a unified national market promotes the synergy of carbon reduction, pollution control, green expansion, and economic growth. Further analysis reveals that digital infrastructure and open government data positively moderate this relationship. This study provides policy implications for understanding how institutional market-building can lead the comprehensive green transformation of the economy and society.
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